RatingsRatings agencies assess the financial strength of the Munich Re Group. An insurance company's financial strength can be defined as the company's claims paying ability, that is, its ability to meet its obligations towards customers. As a wholly owned subsidiary of the Munich Re Group, Great Lakes UK enjoys the Munich Re Group rating. Munich Re has been awarded robust ratings by the leading rating organisations and the current financial strength ratings of the Munich Re group are as follows: | Rating Agency | Munich Re | Great Lakes UK | Date last modified | | A.M. Best | A+ (Superior) | A+ | 03/11/2005 | | Fitch | AA- (Very Strong) | | 19/07/2005 | | Moody's | Aa3 (Excellent) | | 17/03/2005 | | S&P | AA- (Stable) | AA- | 22/12/2006 |
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